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budget the debt ceiling but this also at the same time there seems to be schizophrenia because people don't like the idea of a precious metal like gold being back in the currency but they somehow like the idea of a fan a fantasy platinum coin fixing their debts. problem is this gets a frantic is it madness or does this tell you yes it's actually stupidity. and i'm not saying that mr banana key and whoever it was that came up with this ridiculous idea has a low i.q. that's not the case i'm defining stupidity as an unwitting tendency to self-destruction and. the idea of creating a trillion dollar coin is really to get around the debt limits and things like that which are all a charade anyway what's happening is that the u.s. government is spending well it depends on how you do your column thing with accrual accounting or cash accounting but they're running deficits of between a trillion and a half for a five trillion dollars per year if you use a cruel accounting. so they're going to be printing up lots of money and whether they do it by creating a trillion dollar koreans. or not it's a
budget the debt ceiling but this also at the same time there seems to be schizophrenia because people don't like the idea of a precious metal like gold being back in the currency but they somehow like the idea of a fan a fantasy platinum coin fixing their debts. problem is this gets a frantic is it madness or does this tell you yes it's actually stupidity. and i'm not saying that mr banana key and whoever it was that came up with this ridiculous idea has a low i.q. that's not the case i'm...
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ceiling debates or more more uncertainty in congress that i would see as being a bigger factor than the health care i think the important to look at if you're the if you're a small business guy in middle business guy or even a large corporation and you're going to see a large tax hit your books in the next couple of years when you're looking at expanding your business or investing you are looking down the road so while the one sense i think that there's been a lot of businesses that have been complaining about the president from a political perspective they're conservatives and they're just going to complain about the president no matter what it doesn't doesn't deal with the fears of businesses looking at increased regulatory cost or tax classes one two three four five years down the road and that limiting their investment decisions today and i think the other thing that's important pay attention to here is when you see industry groups like the chamber of commerce saying the regulatory environment is hitting the economy look at small business and look at entrepreneurship over the la
ceiling debates or more more uncertainty in congress that i would see as being a bigger factor than the health care i think the important to look at if you're the if you're a small business guy in middle business guy or even a large corporation and you're going to see a large tax hit your books in the next couple of years when you're looking at expanding your business or investing you are looking down the road so while the one sense i think that there's been a lot of businesses that have been...
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ceiling it's you know it's common household management right now washington is spending their money on candy bars when they few other places in the nation that is massively more wealthy than china yet china just put in a five thousand one hundred forty eight mile long three hundred fifty five mile an hour high speed rail system equivalent of chicago to new york it's running now why can't we do simple infrastructure china is just doing that because they're saying we're going to do it and that infrastructure makes business work in the answer to your question for what we do about it i think it's completely feasible that we can have public private partnerships to democratic california senator dianne feinstein most most infrastructure is private companies to build a road nobody would accuse dianne feinstein of being a conservative but last year when she needed a one point five billion dollars to repair levees in california she appealed to business leaders in california and said this is insurance for your business community if these levees break your businesses are going to be flooded sil
ceiling it's you know it's common household management right now washington is spending their money on candy bars when they few other places in the nation that is massively more wealthy than china yet china just put in a five thousand one hundred forty eight mile long three hundred fifty five mile an hour high speed rail system equivalent of chicago to new york it's running now why can't we do simple infrastructure china is just doing that because they're saying we're going to do it and that...